Tag: Local vs imported scrap pricing
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South Asia: Imported ferrous scrap market sees mixed trends d-o-d
Indian market slows amid rupee depreciation Turkiye’s prices decline as demand weakens South Asia’s scrap market presented a mixed scene today, with regional dynamics shaping demand and pricing trends. India’s import market remained sluggish, as buyers leaned on domestic procurement due to a bid-offer mismatch and the rupee’s depreciation, which made imports less viable. Pakistan’s…